User Agreement

Update date: March 20, 2024

Effective date: March 20, 2024

Dear user, Shenzhen INVT Electric Co., Ltd (hereinafter referred to as "INVT" or "We") hereby reminds you (the user) that you should carefully read the User Agreement (hereinafter referred to as the "Agreement") before using the INVT IOT application (hereinafter referred to as "INVT IOT" or "App") and services. Please carefully read and fully understand the relevant terms and contents of this Agreement, especially the bolded parts, clauses that exempt or limit liability, and dispute resolution and legal application clauses. If you have any questions about this Agreement, you can consult with INVT customer service so that we can explain and clarify it for you.

1. Scope

Your registration, login, use, and other actions will be deemed as acceptance of this Agreement, and you agree to be bound by the terms and conditions of this Agreement. This Agreement stipulates the rights and obligations between INVT and users regarding the registration and use of INVT IOT application and related services (hereinafter referred to as "Services"). INVT may update the content of this Agreement from time to time, upon their publication, the updated content of this Agreement will replace the original terms. Users can view the latest version of this Agreement on this application. If any user does not accept the updated agreement, they shall immediately stop using the services provided by INVT. If they continue to use the services provided by INVT, it will be deemed that the user has accepted the updated agreement.

2. Account registration and management

Before using the service, users should register an "INVT IOT" account using their email or phone number, and the email or phone number they use should be one that has not been linked to any other INVT IOT account and has not been prohibited by INVT according to the Agreement. INVT can change the method of account registration and binding based on user or product needs without prior notice. Based on the aforementioned registration and binding methods, you agree that INVT will use the email and other information provided by you for registration during the registration period.

Your username, profile picture, and profile information must not infringe or be suspected of infringing on the legitimate rights and interests of others, such as the right to name (name right), portrait right, reputation right, honor right, etc. It must not impersonate affiliated institutions or social celebrities, nor contain information prohibited by laws, regulations, administrative rules, etc. It must not involve illegal information and vocabulary such as official media, party and government, pornography, terrorist violence, feudal superstition, etc. Otherwise, we have the right to immediately suspend or terminate the provision of services to the registered account, and require you to modify it.

When the user registers for an INVT IOT account and receive services, INVT needs to collect identifiable user personal information in order to contact them or provide them with a better service experience when necessary. The information collected by INVT includes but is not limited to user name, phone number, email address, etc. The use of the aforementioned information will be subject to the User Privacy Agreement.

The “INVT IOT” account belongs to INVT, and users can obtain the right to use the INVT IOT account after completing the registration application. This account belongs to the initial applicant and cannot be granted, borrowed, rented, transferred or sold. Otherwise, if it causes losses to INVT, users shall also compensate for all losses caused to INVT (including but not limited to direct losses, indirect losses, and reasonable fees paid for legal fees, preservation fees and notarization fees), and shall bear joint and several liability with the actual user. Due to business needs, INVT has the right to revoke the user's INVT IOT account.

All operations performed by the user using the "Account password", including but not limited to login, information retrieval, and data modification, shall be deemed as the user's own operation, and the user shall bear all legal responsibilities for these operations. Users are responsible for properly storing their registered accounts, account passwords, and other information. If information is leaked or their accounts or passwords are stolen due to improper storage by users, they shall bear all legal consequences and responsibilities on their own. Users agree not to use the accounts or passwords of other users under any circumstances. When any user suspects that someone else is using their account or password, they should immediately notify INVT. INVT reserves the right to revoke the "INVT" account and password at any time. After your account is cancelled, INVT has no obligation to retain or disclose any information in your account to you, but you shall still be responsible for your behavior before the account is cancelled and during the use of our services.

3. Terms of Use

Users are granted the non-exclusive and limited license to use the App, subject to compliance with this Agreement.

Users agree to let INVT use, protect, and discuss their personal privacy information in accordance with the User Privacy Agreement.

Users are prohibited from engaging in the following behaviors while using INVT App:

(1) Use this App for any illegal or prohibited purposes under this User Agreement.

(2) Use this App or any content to infringe upon the rights of other entities or Individuals.

(3) Use any "deep links", "crawling pages", "robots", "crawlers" or other automated devices, programs, algorithms, methods, or any similar or identical manual programs to access, obtain, copy, or monitor any part of the App or any content, or the structure or presentation of the App, in order to obtain or attempt to obtain any materials, files, or information in any way not explicitly provided by this App.

(4) Attempt to access any part or feature of the App in any illegal manner, or any services provided on or through the App.

(5) Initiate any form of network attack on the App.

(6) Sell, rent, transfer, or otherwise provide account passwords to others for use, unless otherwise provided by law or with the explicit written consent of INVT.

(7) Other behaviors that violate laws and regulations or are prohibited by INVT.

Due to the unique nature of the App, INVT is not obligated to conduct substantive review of all user registration data, all operational behaviors, and other matters related to operations. If the user has any of the following situations, INVT has the right to choose to retain or delete relevant information, terminate access to the App or block continued access to the website, restrict user activities, verify relevant information with the user, issue warning notices, temporarily suspend, terminate, and refuse to provide services to the user, without obtaining the user's consent.

(1) Violation of this Agreement and other rules and regulations of the App.

(2) Other users or any third party notify INVT that the information or operations published by a certain user may be infringing.

(3) Confirmed by effective legal documents from national administrative or judicial organs that there is an illegal act.

(4) INVT, based on its own judgment, believes that there is a suspected violation of laws and regulations or a violation of this Agreement and rules.

4. Advertising management

INVT has the right to place commercial advertisements or other commercial information in appropriate locations during the service provision process. You agree to accept INVT sending promotional or other related commercial information to you through email, on-site SMS, mobile SMS, website announcements or other means. But the advertising content must not affect your normal use of the App's various functions.

5. Intellectual Property

INVT and any related software, programs, content used by INVT, including but not limited to text, graphics, music, videos, animations, trademarks, logos, tables, visual interfaces, and computer code, as well as advertisements or information presented to you through INVT or advertisers, shall be legally entitled to corresponding intellectual property rights and other rights by INVT or other rights holders, including but not limited to copyright, trademark rights, patent rights, or other exclusive rights, and shall be protected by relevant laws. Without express written authorization from INVT or the rights holder, you are not allowed to use INVT and any of the aforementioned works and resources used by INVT, including but not limited to modification, rental, lending, sale, distribution, or make any type of product based on the aforementioned works and resources.

Under no circumstances should you use any trademarks, service marks, trade names, domain names, website names, or other prominent brand features (collectively referred to as "Logo") of INVT without authorization. Without the prior written consent of INVT, you are not allowed to display, use, or apply for trademark registration, domain name registration in any way alone or in combination with the aforementioned logos, nor shall you engage in any behavior that expressly or implicitly grants the right to display, use, or otherwise dispose of such logos to others. If you violate this Agreement by using the above-mentioned trademarks or logos of INVT and cause losses to INVT or others, you shall bear all legal responsibilities.

6. Legal Liability

The user understands and agrees that if, due to your violation of the provisions of this Agreement, any third party claims, demands, or damages (including reasonable attorney fees, notarization fees, litigation costs, etc.) against INVT and its cooperating companies or related companies are caused, which will cause irreparable damage to INVT, and the economic compensation is insufficient to compensate for the losses, you agree that INVT may obtain any compulsory or equitable relief it deems necessary or appropriate in this situation. These remedies are in addition to any other remedies that INVT may have at law. In addition to any other remedies granted to INVT, INVT will have the right to receive (and you agree to pay) all reasonable attorney's fees and costs of such litigation from you. You agree that INVT shall not be liable for any termination of your access to this application by you or any third party due to a violation of this User Agreement.

7. Limitation of Liability and Disclaimer

INVT needs to regularly or irregularly inspect or maintain the platforms or related equipment that provide services. If such situations cause service interruptions within a reasonable time, INVT shall not be responsible for this, but INVT shall notify as much as possible in advance.

INVT does not guarantee the availability, continuity, and accessibility of the application and the content and services contained in the application, and the application and its content are delivered "as is". You are fully responsible for the use of this application and any linked websites. If you are not satisfied with all or any part of the application, you may stop using all or part of the content of this application.

INVT does not guarantee the accuracy, completeness, and reliability of the content contained in the application. The product or service information published on the application, including but not limited to product functions, configurations, parameters, technical specifications, and service content, may vary by country or region. Even for the same product, its functionality, configuration, parameters, and technical specifications may vary at different stages of the product lifecycle. Due to the time required by INVT to update such information, the product or service information you see may differ from the products or services you have already purchased or can purchase in the market.

INVT shall not be liable for indirect, incidental, special or punitive damages or any indirect losses, including but not limited to losses of profits, income, data or data usage. The total liability of INVT and its partners for any damage or loss caused by your use of this application shall not exceed the total subscription fee or similar fee incurred or related to your use of any services or features of this application.

You expressly agree that the risks associated with using the INVT App will be entirely borne by you, and all consequences arising from using the INVT App will also be borne by you.

7. Force Majeure and Third Party Fault

INVT will fulfill its obligations in accordance with any applicable law, but INVT shall not be liable for breach of contract if the performance is obstructed, the performance is defective, the performance is delayed, or the obligations to be performed change due to the following reasons, provided that INVT has fulfilled its due diligence, typical or emergency equipment and system maintenance, equipment and system failures, network information and data security:

a. Force majeure factors such as natural disasters, strikes, riots, wars, government actions, judicial or administrative orders.

b. Your requests cannot be fulfilled due to service interruption or damage caused by power supply failure, telecommunication network failure and other public service factors, or hacker attacks, virus invasion, interception of illegal content and harassing information, government control and other network, technology, communication lines, information security management measures.

8. Privacy protection

INVT attaches great importance to your privacy and personal information protection. We understand the importance of personal information to you and will do our best to protect the security and reliability of your information. We promise to protect your information in accordance with the User Privacy Agreement.

9. Confidentiality

Keep confidential any documents and materials (including but not limited to trade secrets, company plans, operational activities, financial information, technical information, business information, and other trade secrets) that belong to the other party and cannot be obtained through public channels that are obtained during the signing and execution of this Agreement. Without the consent of the provider of the information and documents, it is not allowed to disclose or disseminate all or part of the content of the document to any third party. Except where the other party agrees in writing to disclose, or where laws, regulations, or rules provide otherwise, or where both parties agree otherwise.

10. Application of Law and Dispute Resolution

The validity, interpretation, and dispute resolution of this Agreement shall be governed by the laws of the People's Republic of China. If there is any dispute between the user and INVT, both parties should first resolve it through friendly consultation. If the negotiation fails, the user agrees to submit the dispute to the People's Court with jurisdiction over the location of Shenzhen INVT Electric Co., Ltd.

11. Others

If any provision of this Agreement is invalid o unenforceable for any reason, the remaining provisions shall remain valid and binding on both parties.

You and we are both independent entities, and under no circumstances does this Agreement constitute any form of express or implied guarantee or condition from us to you ,nor does it constitute an agency, partnership, joint venture, or employment relationship between both parties.

Users should carefully read and consider the relevant risks, and minors should read this Agreement with their legal guardians.